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What is trauma insurance and what do I need to know if I am considering getting it?

  • Written by Tania Driver, Lecturer in Financial Planning, James Cook University
What is trauma insurance and what do I need to know if I am considering getting it?Photo by Michelle Leman/Pexels, CC BY

Trauma insurance (also known as crisis cover or critical illness insurance) is not a widely understood cover. Many people don’t even know it exists.

So, what is trauma insurance, when does it pay out and how is it different to private health insurance?

Read more: What is income protection...

Read more: What is trauma insurance and what do I need to know if I am considering getting it?

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